Pyxis Oncology (PYXS) Research & Development (2020 - 2026)
Pyxis Oncology's (PYXS) quarterly Research & Development came in at $16.1 million in Q2 2026, down 6.28% year-over-year from $17.1 million in Q2 2025, and down 26.04% quarter-over-quarter from $21.7 million in Q4 2025.
Analysis
Pyxis Oncology (PYXS) Research & Development (2020 - 2026) Analysis & Trends
Pyxis Oncology (PYXS) has reported Research & Development for 7 consecutive years, with $16.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 6.28% year-over-year to $16.1 million in Q2 2026; TTM through Jun 2026 was $72.7 million, a 10.26% increase from a year earlier, with the FY2025 full-year figure at $73.7 million, up 25.45% from the prior year.
- Research & Development was $16.1 million for Q2 2026 at Pyxis Oncology, down from $21.7 million in the prior quarter.
- Over five years, Research & Development peaked at $29.9 million in Q4 2022 and troughed at $11.4 million in Q2 2023.
- A 5-year average of $16.7 million and a median of $17.0 million in 2025 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 435.73% in 2022 and plunged 61.12% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $29.9 million in 2022, then sank by 61.12% to $11.6 million in 2023, then gained by 20.82% to $14.0 million in 2024, then jumped by 54.81% to $21.7 million in 2025, then retreated by 26.04% to $16.1 million in 2026.
- The last three Research & Development figures came in at $16.1 million (Q2 2026), $21.7 million (Q4 2025), and $17.8 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.74 Bn | 192.75 Bn | 7.24 Bn | 1.87 Bn |
| 2 | Gilead Sciences | 179.96 Bn | 176.78 Bn | 6.22 Bn | 1.76 Bn |
| 3 | Vertex Pharmaceuticals | 131.20 Bn | 123.35 Bn | 2.84 Bn | 993.80 Mn |
| 4 | Regeneron Pharmaceuticals | 82.05 Bn | 74.05 Bn | 3.93 Bn | 1.63 Bn |
| 5 | Argenx Se | 60.28 Bn | 55.10 Bn | 1.37 Bn | -486.00 Mn |
| 6 | Moderna | 53.67 Bn | 48.54 Bn | 52.00 Mn | 651.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.08 Bn | 29.78 Bn | 992.69 Mn | 413.13 Mn |
| 8 | Biogen | 31.91 Bn | 30.62 Bn | 1.96 Bn | 529.60 Mn |
| 9 | Roivant Sciences | 29.22 Bn | 29.22 Bn | 1.16 Mn | 202.02 Mn |
| 10 | Pyxis Oncology | 206.05 Mn | 173.06 Mn | - | 16.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.06 Mn |
| Dec 31, 2025 | 21.71 Mn |
| Sep 30, 2025 | 17.81 Mn |
| Jun 30, 2025 | 17.13 Mn |
| Mar 31, 2025 | 17.04 Mn |
| Dec 31, 2024 | 14.02 Mn |
| Sep 30, 2024 | 17.74 Mn |
| Jun 30, 2024 | 13.95 Mn |
| Mar 31, 2024 | 13.03 Mn |
| Dec 31, 2023 | 11.61 Mn |
| Sep 30, 2023 | 14.69 Mn |
| Jun 30, 2023 | 11.39 Mn |
| Mar 31, 2023 | 11.90 Mn |
| Dec 31, 2022 | 29.85 Mn |
| Sep 30, 2022 | 19.03 Mn |
| Jun 30, 2022 | 17.17 Mn |
| Mar 31, 2022 | 20.07 Mn |
| Dec 31, 2021 | 7.23 Mn |
| Sep 30, 2021 | 7.85 Mn |
| Jun 30, 2021 | 3.21 Mn |